Senior Market Risk Analyst (5375)

Department Overview 

Market Risk (MR) is responsible for managing the ever-changing and dynamic world of trading and non-trading market risk, counterparty credit, margin management and liquidity risk. Within MR, we are accountable for supporting TD Securities and TBSM business objectives in accordance with TD’s risk appetite and regulatory expectations. MR provides independent oversight of enterprise-wide market, counterparty credit and liquidity risks; ensuring all significant risks are appropriately measured, reported, analyzed and transparent. 

Position Overview 

We are seeking an experienced and highly skilled Senior Market Risk Analyst to join our dynamic Market Risk Management team. The successful candidate will play a pivotal role in assessing, analyzing, and managing market risks across various asset classes. This individual will provide critical insights to senior management, helping shape strategic decisions and ensuring the firm is well-positioned to manage market volatility and financial risks effectively. 

Key Responsibilities: 

Market Risk Assessment 

• Identify and assess risks related to market movements, including credit spreads, interest rates, currency fluctuations, and other related factors. 

• Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts. 

• Conduct stress testing and scenario analyses to evaluate potential impact on the company’s portfolio. 

• Actively manage relationships within and across various business lines, corporate and/or control functions and ensure alignment with enterprise. 

• Proactively analyze potential risks and ensure key risks are aggregated / escalated to appropriate areas. 

• Support established enterprise-wide risk governance processes, including market risk breach identification and escalation, limit reviews, risk assessments, and approval processes. 

• Support Market Risk Managers in fulfilling the Market Risk mandate, including the development, review, assessment, and maintenance of market risk policies, standards, and control frameworks. 

Risk Reporting & Analysis 

• Develop, produce and maintain comprehensive market risk reports, ensuring data accuracy and relevance. 

• Provide in-depth analysis and commentary on risk exposures and market trends to senior management. 

• Understand system and model changes, its results, and impacts, to our risk and valuation results and processes. 

Collaboration & Strategy 

• Work closely with trading, portfolio management, and finance teams to identify and mitigate market risks within portfolios and trading strategies. 

• Advise business units on potential market risks and assist in the development of risk mitigation strategies. 

Regulatory Compliance 

• Ensure all market risk practices and procedures comply with relevant regulatory requirements and internal policies. 

• Stay updated on industry regulations and evolving risk management standards. 

Continuous Improvement 

• Stay current on market trends, financial instruments, and risk management techniques. 

• Propose and implement improvements to risk management processes and systems to enhance efficiency and effectiveness. 

Qualifications 

Education: Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or a related field. A Master’s degree or professional certifications (e.g., FRM, CFA) is preferred. 

Experience: 

• Minimum of 4-5 years of experience in market risk management. 

• Strong experience in risk analytics, portfolio management, and financial modeling. 

• Proven track record of working with financial instruments and derivatives. 

Skills: 

• Proficiency in risk management tools, coding and software is nice to have (e.g., Python, Bloomberg, Tableau, Microsoft Excel, etc.). 

• Expertise in quantitative analysis, financial modeling, and advanced Excel skills. 

• Strong understanding of risk metrics, such as VaR, stress testing, and scenario analysis. 

• Familiarity with financial regulations, including Basel III and Dodd-Frank. 

• Excellent communication (both written and spoken) and presentation skills, with the ability to translate complex technical information for various stakeholders. 

Personal Attributes: 

• Strong analytical thinking and problem-solving abilities. 

• Attention to detail and ability to work under pressure in a fast-paced environment. 

• Ability to collaborate with cross-functional teams and influence decision-making. 

• Ability to demonstrate accountability, independence and taking initiatives  

Why Join Us 

• Opportunity to work in a collaborative and high-impact environment. 

• Exposure to a wide range of financial products and market dynamics. 

• Competitive compensation and benefits package. 

• Professional development opportunities in risk management and financial markets.